Punjab Technical University 2007 B.B.A ( 5/6sem)- BUSINESS LAWS (BB - 105) - exam paper

BBA (Semester - 1st)

BUSINESS LAWS (BB - 105)

Time : 03 Hours Maximum Marks : 75
Instruction to Candidates:
1) part - A is compulsory.
2) Attempt any 9 ques. from part - B.

part - A
Q1) (15 x two = 30)
a) What is maintenance and champerty?
b) Can a contract be avoided if there is mistake of law?
c) Can a minor act as an Agent?
d) What is meant by quid pro quo?
e) Distinguish ranging from a void agreement and a void contract.
f) Differentiate ranging from ‘sale’ and ‘Agreement to sale’?
g) When is a buyer deemed to have accepted the goods?
h) Time when property passes in the case of unascertained goods.
i) Consequences of Breach of contract of sale.
j) describe the team ‘Delivery’ in sale of goods Act.
k) Name different types of HUNDI’s used in India.
l) What is notice of dishonour of a Bill of exchange?
m) discuss Noting and Protesting.
n) What is Holder in Due course?
o) Who are parties to a negotiable Instrument?

part - B (9 x five = 45)
Q2) “All contracts are agreements but all agreements are not contract.” discuss.
Q3) discuss Legal rules governing valid Acceptance.
Q4) describe a contract of Bailment. elaborate its essentials?
Q5) explain different ways of Termination of Agency.
Q6) What is contract of sale? How it is made?
Q7) What is caveat emptor? elaborate its exceptions?
Q8) “The Right of stoppage in transit is an extension of the right of lien.”
Comment.
Q9) Enumerate implied conditions in case of contract of sale.
Q10) What is meant by the term ‘crossing a cheque’? elaborate different kinds of
crossing?
Q11) What is meant by dishonour by Non-acceptance and dishonour by
non-payment.
Q12) Enumerate the cases when a banker may not and must refuse to honour a
customer’s cheque.
Q13) discuss circumstances in which a party to a negotiable instrument is
discharged from liability.

Earning:   Approval pending.